Retirement Trends

The good news is that 79% of workers plan to stay at their job for the next year, however, employee work/life balance is a key concern, according to a new Bank of America survey.

T. Rowe has launched a 5-dimensional (5-D) framework to offer plan sponsors a standard language to understand how different income solutions require participant tradeoffs to meet individual objectives.

DFAs can be part of the retirement income solution, since they give workers the power to choose whether to convert some or all of the savings to income benefits.

With 90-plus provisions, SECURE 2.0 is a complex piece of legislation, and there is still some confusion among plan sponsors about tax credits to cover administrative costs, as well as which provisions are optional or mandatory.

Working longer is one of the most powerful tools to improve retirement security, however, employers need to help employees deal with emergency funding needs outside of reducing their retirement savings, says a new report.

There's a shifting landscape of retirement savings creating more inclusivity, such as state auto-IRAs and 401(k)-linked emergency savings, but 57 million workers still don't have access to a workplace retirement plan, say experts.